Empire will be rolling out the Scene+ program across banner stores including Sobeys, IGA, FreshCo, Safeway, among others beginning in Atlantic Canada in August. The company anticipates the roll-out will be complete by early 2023. (Financial Post)
“In other retail stores, you will walk in and just see the clothing and if you are lucky, you will get some associate telling you about the product. What we do is we take a product and really go into why it is good, why do you need it, why is it unique, why is it the best.” (Retail Insider)
“There are more than 400,000 immigrants coming into Canada a year,” he said. “They all know Ikea and Walmart, but they don’t know Sleep Country Canada. This is a wonderful way to introduce our brand to a new audience.” (Furniture Today)
"As a graduate from Humber's Business Administration program, I am personally connected to the important cause of fueling entrepreneurship in Canada and helping dreams become a reality, '' said Anthony Longo, president and CEO of Longo's. (Grocery Business)
The company reported customers were shopping more frequently at its stores but spending less during each visit. The number of transactions rose 14.4 per cent, while the average transaction size decreased by 6.2 per cent, it said. (BNN Bloomberg)
Greg Shelly, Vice President, Enterprise Digital Marketing at Canadian Tire Corporation, takes us inside the inner workings of one of the largest digital marketing teams in retail, and from Zurich, meet Oliver Brunschwiler, Delegate of the Board, CEO for Freitag, one of Europe's most innovative accessory retailers.
Customers will be able to enjoy the new development as in addition to the main store, it will include a basketball court, a coffee shop, East Coast beverages, picnic tables, and they are “going to make it a very inviting and a hopeful destination for people,” says MacLean. (Retail Insider)
"It feels kind of crazy, because you look at the size of the national brands that you’re up against," said Landon Kroeker, co-founder of Von Slick’s. (Winnipeg Free Press)
RCC Spotlight: Caddle Consumer Research - Canada Day
Caddle, in partnership with Retail Council of Canada (RCC) surveyed Canadians from coast to coast to better understand consumers’ shopping intentions around the Canada Day holiday.
This survey found that over 2 in 3 Canadians who celebrate Canada Day spend $50 or less, and those that do overwhelmingly celebrate with food, drinks, and eating out.
Customers will deposit their items at the checkout system that uses cameras to record everything in less than a second and pay as usual. (Canadian Grocer)
Amazon’s new warehouse floor space, measuring some 93 acres, would hold all of Disney’s California Adventure theme park with 21 acres to spare. (Seattle Times)
In combination with traditional fulfillment centers, the new facilities will enable Walmart to reach 95% of the US population with next- or two-day shipping. (Bloomberg)
While the costs of containers themselves are coming down, other issues continue to affect shipping. One is long delays to unload goods, said Michelle Wasylyshen, spokesperson for the Retail Council of Canada. (For Subscribers Only, Globe & Mail)
"As soon as the associate opened the lock he sprayed them and grabbed three laptops and tried to run away. He exited with one laptop. RCMP were called and the area was taped up. A bunch of customers also had breathing problems due to the spray," the employee added. (Castanet)
"We thought it was prudent for us to be decisive, act quickly, get out in front of this, address and optimize our inventory in the second quarter — take those actions necessary to remove the excess inventory and set ourselves up to continue to be guest relevant with our assortment," CEO Brian Cornell said in an interview with CNBC. (CNBC)
"We have been working really hard on costs top to bottom, taking action to get our costs down so that the second quarter looks better than the last quarter, and we're on our way," (CNBC)
“What Franchise Group does is look for good businesses and well-known, strong brand names with a good consumer following,” said Michael Baker, a senior research analyst at D.A. Davidson. (CNBC)
While there is still a significant portion of the second quarter of fiscal 2022 ahead, Tractor Supply currently forecasts net sales growth of 8% and comparable-store sales growth of 5% as compared to the second quarter of fiscal 2021. (Chain Store Age)
Lululemon on Thursday reported fiscal-first quarter profit and revenue outpacing Wall Street's expectations, boosted by growth online and in the retailer's men's division. (CNBC)
With loss prevention becoming top of mind again retailers, RCC recently polled members of all types and sizes on their policies regarding employee bag check policies. The survey found that 51.3% of retail respondents indicated that they had employee bag check policies; and over 72% of retail respondents indicated that they do employee bag checks every day or every time an employee leaves the store. Learn more.
Over the last few years, the Canadian retail landscape changed forever, says Eric Morris, Managing Director of Google’s Retail practice in Canada, leading sales, operations, research, strategy and analytics. Read more.
Inflation remains problematically high, but we expect it to gradually slow in the second part of 2022 and through 2023 as the lagged impacts of input price increases on inflation fade. We forecast average inflation of 6.5% this year and 3.3% next year. If recent history is any guide, risks to that profile are likely tilted to the upside. Read more.
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